NOT LISTED FOR SALE

3215 Fayette Rd Kensington, MD 20895

Estimated Value: $774,813 - $876,000

5 Beds
2 Baths
1,511 Sq Ft
$554/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $675,000 $447 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,044/month

Highlights

  • Cape Cod Architecture
  • Recreation Room
  • No HOA
  • Oakland Terrace Elementary School Rated A
  • 1 Fireplace
  • Den

About This Home

As of March 2021

What a treat to find this floorplan in Homewood - it is just one of about a dozen homes built in this style, and offers more space than the typical Cape Cod. This pretty home boasts 5 bedrooms total: 2 on the main floor and 3 on the upper level, a fully finished walk-out basement, a cute back porch, and a large level backyard. **The main and upper levels have freshly refinished hardwood floors and the basement has modern beachie gray flooring with an insulated floating sub floor --which is easy on the feet and keeps things comfy and warm! **The basement has plenty of room for an office area, a separate rec-room and lots of storage. New Roof in 2019. **The kitchen is a retro cutie that could serve you well as-is, or if you want to expand down the line, there is room to take over the 5th bedroom that is adjacent. No addition necessary! So much to love about the house! **Homewood is an amazing neighborhood full of block parties, book clubs, community spirit, and it's just 5 blocks to the Kensington MARC Train station, the farmers market... and little shops of old town Kensington -- without the town of Kensington taxes. **See floor plan in the photos. Check out the Zillow 3D tour.

Last Agent to Sell the Property

Amie Wiseley

(202) 997-1586 choose.wisehomes@gmail.com Real Broker, LLC - Gaithersburg License #0677818 Listed on: 02/11/2021

Real Broker, LLC - Gaithersburg

Co-Listed By

Peggy Lyn Speicher

(808) 495-3525 peggylyn@speichergroup.com Real Broker, LLC - Gaithersburg License #324114

Last Buyer's Agent

Rowena De Leon

(240) 423-2422 rowena.deleon@cbrealty.com Coldwell Banker Realty License #597153

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,146

Year Built

  • Built in 1948

Lot Details

  • 8,525 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Dutch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,511 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Den
  • Recreation Room
  • Basement

Bedrooms and Bathrooms

Schools

  • Oakland Terrace Elementary School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Homewood Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161301210374

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,146

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Dutch
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-12
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: What a treat to find this floorplan in Homewood - it is just one of about a dozen homes built in this style, and offers more space than the typical Cape Cod. This pretty home boasts 5 bedrooms total: 2 on the main floor and 3 on the upper level, a fully finished walk-out basement, a cute back porch, and a large level backyard. **The main and upper levels have freshly refinished hardwood floors and the basement has modern beachie gray flooring with an insulated floating sub floor --which is easy on the feet and keeps things comfy and warm! **The basement has plenty of room for an office area, a separate rec-room and lots of storage. New Roof in 2019. **The kitchen is a retro cutie that could serve you well as-is, or if you want to expand down the line, there is room to take over the 5th bedroom that is adjacent. No addition necessary! So much to love about the house! **Homewood is an amazing neighborhood full of block parties, book clubs, community spirit, and it's just 5 blocks to the Kensington MARC Train station, the farmers market... and little shops of old town Kensington -- without the town of Kensington taxes. **See floor plan in the photos. Check out the Zillow 3D tour.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Office, Recreation Room
  • Basement: Yes
  • Total Sq Ft: 1511
  • Living Area Sq Ft: 1511
  • Price Per Sq Ft: 397.02
  • Above Grade Finished Sq Ft: 1511
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3215

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: OAKLAND TERRACE
  • Elementary School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: OAKLAND TERRACE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 223000.00
  • Land Assessed Value: 242000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8525.00
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14023902
  • Tax Annual Amount: 5146.00
  • Assessor Parcel Number: 161301210374
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1511
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/16/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 16, 2021
Sold by
Ballard Thrower Rhea and Thrower Lawrence
Bought by
Balkam Stephen Cooper and Balkam Janette Patricia
Seller's Agent
Amie Wiseley
Real Broker, LLC - Gaithersburg
Buyer's Agent
Rowena De Leon
Coldwell Banker Realty
List Price
$599,900
Sold Price
$675,000
Premium/Discount to List
$75,100
12.52%
Current Estimated Value
$837,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,203
Avg. Annual Appreciation
4.77%
Original Mortgage
$325,000
Outstanding Balance
$293,038
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$544,165

Purchase Details

Closed on
Aug 31, 2001
Sold by
Walton Edward J and Walton C N
Bought by
Thrower and Ballard Thea
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Balkam Stephen Cooper $675,000 Mid Atlantic Setmnt Svcs Llc
Thrower $297,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balkam Stephen Cooper $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $675,000 +12.5% $447 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $599,900 -- $397 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,841 $688,967 -- --
2024 $7,841 $623,500 $268,300 $355,200
2023 $6,511 $570,667 $0 $0
2022 $5,616 $517,833 $0 $0
2021 $4,970 $465,000 $242,000 $223,000
2020 $4,713 $444,633 $0 $0
2019 $4,455 $424,267 $0 $0
2018 $4,207 $403,900 $242,000 $161,900
2017 $4,289 $400,200 $0 $0
2016 $4,194 $396,500 $0 $0
2015 $4,194 $392,800 $0 $0
2014 $4,194 $392,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC743180

Bright MLS

APN: 13-01210374